THCH Stock Summary and Trading Ideas (TH International Limited - | NASDAQ:THCH)

TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops and has the rights to operate Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. It is also the operator and developer of Popeyes brand in Mainland China. The firm has two reportable segments; Tim Hortons which generates key revenue, and Popeyes. The company's revenue is derived from its operations in the PRC.

TH International Limited - trades on the NASDAQ stock market under the symbol THCH.

As of December 13, 2024, THCH stock price was flat at $0.66 with 12,124 million shares trading.

THCH has a beta of -0.41, meaning it tends to be less sensitive to market movements. THCH has a correlation of 0.00 to the broad based SPY ETF.

THCH has a market cap of $104.25 million. This is considered a Micro Cap stock.

THCH has underperformed the market in the last year with a price return of -64.7% while the SPY ETF gained +31.7%. THCH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +6.7% and -28.8%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

THCH support price is $.60 and resistance is $.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THCH shares will trade within this expected range on the day.